Is the Wealth $aver-i Account PIDM-insured?

Yes. The Wealth $aver-i Account is PIDM-insured up to RM250,000 per depositor per member bank.

Wealth $aver-i Account

Q: What is the interest rate on the Wealth $aver-i Account?

The Wealth $aver-i Account pays a base rate of 0.05% p.a., up to 6.28% p.a. with bonus tiers. Priority Banking AUM-tiered return: 0.05% below RM350,000 AUM; 1.80% at RM350,000+. New to Priority Bonus up to 2.48% p.a. for 6 months (min RM100,000 incremental average balance; 2.48% on first RM1M fresh funds for Priority Banking) + Wealth Booster 2.00% (invest RM100,000) = up to 6.28% p.a. headline. Verified 4 Sept 2026 against the official Standard Chartered website.

Standard Chartered · Malaysia · Verified 4 Sept 2026

BASE RATE

0.05% p.a.

MAX RATE (ALL TIERS)

6.28% p.a.

BALANCE CAP

not disclosed (New to Priority bonus capped at RM5,000,000 IAB)

■ BONUS TIER REQUIREMENTS

Salary credit NOT REQUIRED

Card spend NOT REQUIRED

Bill payments (JomPAY / standing instruction) NOT REQUIRED

Insurance / investments via bank REQUIRED

PIDM insured YES — RM250,000 per depositor per member bank

Minimum balance Nil minimum deposit to open

HOW THE RATE WORKS

Priority Banking AUM-tiered return: 0.05% below RM350,000 AUM; 1.80% at RM350,000+. New to Priority Bonus up to 2.48% p.a. for 6 months (min RM100,000 incremental average balance; 2.48% on first RM1M fresh funds for Priority Banking) + Wealth Booster 2.00% (invest RM100,000) = up to 6.28% p.a. headline.

SOURCE

https://www.sc.com/my/deposits/wealth-saver-i-account

Standard Chartered Malaysia official Wealth $aver-i page - AUM tier table, New to Priority Bonus and Wealth Booster TnC

Verified 4 Sept 2026. Rates change — always confirm on the official site.